Topic: 🧅 [ONION] Privacy Coin with Real Use Cases 🧅 DeepOnion 2.2.2 Released ⚡ - page 180. (Read 298340 times)

Moreover, through anonymity, lack of control and the speculative wave that characterize them, virtual currencies also carry fraudulent practices. Pirated access platforms, the financing of dubious economic actors through virtual currency issuance, money laundering and the facilitation of optimisation and tax evasion mechanisms are all immediate problems that require a strong and rapid legal response, in the very interest of the sector. It would therefore have been useful to propose making it mandatory to take the identity when opening crypto-active accounts in accordance with the provisions specified in France by Articles L. 561-10 and R. 561-20 of the Monetary and Financial Code (additional vigilance when the client is not physically present). It would also have been appropriate to propose a ban on the dissemination and trade in crypto-actives in order to ensure complete anonymity by preventing any identification procedure by design. This is the case for a certain number of crypto-actives (Monero, PIVX, DeepOnion, Zcash...) whose purpose is to bypass any possibility of identifying the holders. To date, regulation has not gone that far.

However, it went further on the issue of the status of crypto-active service providers by introducing systematic registration and optional authorisation of these players with the AMF. These provisions will create an environment that promotes the integrity, transparency and security of the services concerned for investors in digital assets. Beyond that, international regulation, on which a number of institutions work, would be welcome in this area, since providers of crypto-active services carry out an activity that is transnational in nature.
Translated with www.DeepL.com/Translator

Thank you. Is there a roadmap that I can look at?

Moreover, through anonymity, lack of control and the speculative wave that characterize them, virtual currencies also carry fraudulent practices. Pirated access platforms, the financing of dubious economic actors through virtual currency issuance, money laundering and the facilitation of optimisation and tax evasion mechanisms are all immediate problems that require a strong and rapid legal response, in the very interest of the sector. It would therefore have been useful to propose making it mandatory to take the identity when opening crypto-active accounts in accordance with the provisions specified in France by Articles L. 561-10 and R. 561-20 of the Monetary and Financial Code (additional vigilance when the client is not physically present). It would also have been appropriate to propose a ban on the dissemination and trade in crypto-actives in order to ensure complete anonymity by preventing any identification procedure by design. This is the case for a certain number of crypto-actives (Monero, PIVX, DeepOnion, Zcash...) whose purpose is to bypass any possibility of identifying the holders. To date, regulation has not gone that far.

However, it went further on the issue of the status of crypto-active service providers by introducing systematic registration and optional authorisation of these players with the AMF. These provisions will create an environment that promotes the integrity, transparency and security of the services concerned for investors in digital assets. Beyond that, international regulation, on which a number of institutions work, would be welcome in this area, since providers of crypto-active services carry out an activity that is transnational in nature.
Translated with www.DeepL.com/Translator

The team is working on finishing the code rebase right now, after that they will work on DeepSend. Code rebase is close to completion, from what I understand.

Any upcoming news with DO? Smart contract, etc?